S&P Sees Possible Turnaround in China’s Struggling Property Market as Major Cities Stabilize
China’s long-slumping property sector may be approaching a turning point, with S&P Global Ratings saying a recovery in the country’s largest cities could begin as soon as next year. The outlook reflects signs of stabilization in top-tier urban markets even as the broader sector remains weighed down by weak demand, developer stress and a prolonged confidence shock.
